430 3rd Avenue Prince George, British Columbia V2L 3B9

12,156 sqft

$1,399,999

This well-maintained 12,156 sq. ft. commercial property offers a strong income-producing opportunity with a mix of retail, office, and warehouse space. The property consists of two buildings: 430 3rd Avenue - approximately 5,556 sq. ft., currently occupied by the owner's business but ready for your possession; 410 3rd Avenue - approximately 5,592 sq. ft. warehouse space, leased to a long-term tenant through 2027, providing stable cash flow. In addition, there is approximately 1,020 sq. ft. of vacant space with the potential to generate an additional $1,200 per month in rental income. All leases are structured as Triple Net (NNN), minimizing operating expenses for the owner and providing predictable returns. The property currently generates approximately $56,000 in annual income. With full occupancy, the property has the potential to achieve an estimated 9%- 10% cap rate. (id:49203)

Property Details

MLS® Number C8079667
Property Type Industrial

Building

Size Interior 12,156 Sqft

Land

Acreage No
Size Irregular 0.3
Size Total 0.3 Ac
Size Total Text 0.3 Ac

https://www.realtor.ca/real-estate/29912818/430-3rd-avenue-prince-george

Contact Us

Contact us for more information

Generating Captcha

David Fuller

(250) 617-7467
(250) 617-7467
www.nbccommercial.ca/
www.linkedin.com/in/dave-fuller-909a33a3/

Team Powerhouse Realty
1679 15th Avenue
Prince George, British Columbia V2L 3X2

(250) 563-1000
(250) 563-1005
www.teampowerhouse.com/

Dekker Team
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.